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Long-trade

BTCUSDT - BUYHello crypto maniacs! I did my analysis today and I expect an upward bounce of this price level. We are in consolidation and after yesterday's news we can see a bullish move that may continue upwards in the short term! I'm waiting for confirmation :) I personally prefer setting up multiple TPs , here's an explanation: 1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns 2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE 3) 5-10 :1 means bonus money with rest of trade volume 25% In this way, I ensure that my equity curve grows consistently without significant dips. Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position! If you like my analysis, give a follow, I'm going to do it regularly every day!
Long
by TraderDominik
7
EURCAD at supportHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price can touch SUPPORT. Wait for a reversal candle . Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on, and we will get it for you. Do like and follow us
Long
by Ryan_lopes
FANTOM of the OperaFTM has performed very well since 21st Dec, gaining 155% to date. It is eye-opening when you realise how large the width of these channels are and the benefits of holding a coin for the long-term; especially those with good fundamentals. We can see FTM has long-term support (bottom black line), it is trading above all EMA’s and is currently using the 20-day EMA as support. FTM has attempted to breakout from its daily resistance at ~3.33 and faced pullback which may partly be due to the weakness in BTC. It is currently holding short-term support where it has previously seen long candle wicks. If it hits the short-term support at ~2.56 this could be a good area to look for buy setups for a re-test of ~3.33 resistance (29.15% gain). Alternatively, FTM could push toward the resistance from this point without further pullback and if that happens, there is a good chance that it flips the ~3.33 level to support. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments and thoughts below!
Long
by kush23456
Wondering what BTC is doing?4h chart: Right now it is fighting around the $43400 level that is a confluence point formed by an ascending trend line and fib level. Lower targets: 41800 Higher targets: 45800 If we look at it in a simple manner this can be a RR 2 or less trade, depending on your entries. And yes, mid term view is bullish, hence the long trade idea. 15m chart: Trying to escape the range : My money is that it will ! Daily chart: Not much changed since the last update, the formation is looking bullish short term Waves: The daily waves look perfect for an upwards pointing move, basically all the conditions are met to a future spring to the upside.
Long
by SublimeTraders
ALGO with the flow...ALGO has held up fairly well over the past week and is still trading above its long-term ascending support (black line) which it has held since December 2020. It is attempting to break above its short-term resistance at ~1.42 and flip it into support. The areas of resistance are marked on the chart (red lines) and will be potential short-term take-profit targets. In the long-term ALGO may push toward the top of the channel. If BTC continues to find stability and push upward, ALGO can move with it. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments and thoughts below!
Long
by kush23456
2
CAD/CHF Wyckoff Buying Opportunity!Possible long term buying opportunity in CAD/CHF very soon! As you can see from the chart we have a type 2 Wyckoff Accumulation Schematic that played out perfectly after coming into a major point of interest. Price has now come all the back back down to possibly test the whole schematic and to pick up any more institutional orders left at those levels. We have recently seen a strong push up in price which caused a break of structure, therefore leading us to believe that we could be taking a turn around. If this is the case the confluence on this trade would be ridiculous! Im waiting to see price come down to the zone drawn in blue before looking for structure shift on the lower timeframes. If price does turn around here the upside is massive and there is a lot of money to be made!! Feel free to leave any comments about the idea!
Long
by PercentageOverPips
GBP/AUD Buying opportunity!Possible buying opportunity for GBP/AUD soon! Recently we have seen and impulse followed by corrective movement within the GBP index and therefore i am bullish on the pound for the time being. This is also evident within GBP/AUD as we can see impulses followed by corrections showing us clear trending movement and the intended direction of price. Taking that we're in an uptrend into account we need to look for another buying opportunity. Price is currently showing nice descending corrective movement which could create a higher low in the market. The level i will be watching for price to come into will be the structure and 61.8% Fib retracement level marked on the chart. if we see price stall at this level, followed by a nice momentum bullish candle on the 2hr time-frame then i will be looking to enter. My take profit will be the daily key level in the region of 1.89500. Feel free to leave any comments!
by PercentageOverPips